KARACHI: The Model Customs Collectorate of Port Muhammad Bin Qasim has collected revenue amounting to Rs 18.41691 billion in the month of January 2015 against its set target of Rs 23.71469 billion with the shortfall of Rs 5.29798 billion in terms of revenue achievement against its set target during the fiscal year2014-15.
According to statistics, the MCC Port Muhammad Bin Qasim has collected an amount of Rs 5.43529 billion in share of Custom Duty against its set target of Rs 5.77247 billion in the month of January 2015 with the shortfall of Rs 337.18 million. The Collectorate has collected an amount of Rs 10.31805 billion in share of Sales Tax against its set target of Rs 14.57470 billion in the month of January-2015 with a shortfall of Rs 4.25665 billion.
The MCC Port Muhammad Bin Qasim has collected an amount of Rs 203.69 million in share of Federal Excise Duty in the month of January 2015 against its set target of Rs 248.40 million with a shortfall of Rs 44.71 million. Similarly, the MCC Port Muhammad Bin Qasim has collected an amount of Rs 2.45988 billion in share of Income Tax during the month of January-2015 against its set target of Rs 3.11912 billion with a shortfall of Rs 659.24 million.
The sources informed Customs Today that the Collector MCC Port Muhammad Bin Qasim Surriya Butt has asked the officers of the Collectorate to ensure achieving the revenue targets in all means and take effective steps in this regard.
It is pertinent to mention here that it was the first time that the MCC Port Muhammad Bin Qasim has missed revenue targets in all revenue heads including Customs Duty, Sales Tax, Income Tax and Federal Excise Duty.